2. Economy Overview
Last updated
Last updated
1) Issuance Entity: DMCC tokens are issued by DMC LAB, PTE.LTD, the DMCC blockchain administrator. The administrator's wallet distributes the tokens, supplying initial liquidity to users, partners, and marketing wallets.
2) DAO Platform, Event Club, MetaClub: These are the main platforms and dApps for DMCC. DAO and MetaClub maintain the online ecosystem, operated simultaneously by DJs, club event organizers, club managers, club participants, and NFT traders. Offline clubs and events serve as O2O platforms, integrating offline and online ecosystems and converting offline potential customers into new clients.
3) Virtual Asset Exchanges: These exchanges provide speculative value and economic significance to DMCC tokens. Once listed, DAO participants and anyone can trade DMCC tokens, increasing transaction volume and enhancing the MetaClub's value.
4) Overall DMCC Ecosystem: DMC aims to create a symbiotic ecosystem for music fans, artists, music industry stakeholders, and contributors.